7 Panel on The Future of Cannabis Currency at Day 2 of O’Cannabiz Vancouver on Dec 11 2018

It’s a function of that old black market that the cannabis trade traditionally involved cash. But a business that is legal and out of the shadows needs complete financial transparency to cement its legitimacy. Blockchain, the electronic ledger that made cryptocurrencies like Bitcoin possible, holds great promise. The ability to digitally track supply chains, sales and transactions is the kind of innovation that allows bankers and money managers to sleep at night. This panel will consider it, and a list of other financial trial balloons – including Cannabis Business Credit Unions – as approaches to building a healthy investment environment. Moderated By: Daniel Sax